Stablecoin-focused fintech Noah has raised $22 million in seed funding to advance its API platform for seamless, real-time cross-border crypto payments.
Adyen Veteran Joins Stablecoin Startup Noah as $22 Million Seed Round Closes
Stablecoin payments startup Noah has secured $22 million in seed funding to expand its crypto-powered cross-border payment solutions.
According to the report by Fortune Crypto, the round was led by Europe-based venture firm Localglobe with participation from Felix Capital, FJ Labs, and notable angels such as Palantir cofounder Joe Lonsdale.
Founded by former UBS analyst Shah Ramezani, Noah offers an API platform that allows developers to integrate stablecoin-based transfers across 70 countries in real time, removing the friction and multi-day delays common with traditional wire systems. The company claims to have processed over $1 billion in transaction volume to date.
Notably, Thijn Lamers, former executive VP of global sales at fintech giant Adyen, has joined Noah as cofounder and president. Lamers’ industry connections are expected to give Noah an advantage in navigating complex regulatory and banking networks, a crucial factor in the competitive stablecoin space.
As stablecoins attract interest from major tech and fintech players like Stripe and Meta, Noah’s focus on infrastructure over consumer-facing products could set it apart. With the fresh funding, the startup aims to strengthen its platform to enable fast, borderless money movement powered entirely by blockchain-based assets.
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